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MORE: https://www.worldaidsday.org/
RELATED: https://medicalexecutivepost.com/2015/09/18/aids-in-america/
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Filed under: Alerts Sign-Up, Drugs and Pharma, Ethics, iMBA, Inc., LifeStyle | Tagged: AIDS, AIDS cure, World AIDS Day | Leave a comment »
By Staff Reporters
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A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries.
In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are likely to decrease their spending.
CITE: https://www.r2library.com/Resource/Title/082610254
The idea is that the more confident people feel about the economy and their jobs and incomes, the more likely they are to make purchases. Declining consumer confidence is a sign of slowing economic growth and may indicate that the economy is headed into trouble.
FOR EXAMPLE:
Consumers’ assessment of current business conditions was mixed in November, 2022.
Consumers’ appraisal of the labor market was somewhat more favorable.
OFFICIAL: https://www.conference-board.org/topics/consumer-confidence
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Filed under: "Ask-an-Advisor", Glossary Terms, Health Economics, Investing | Tagged: CCI, Consumer Confidence, Consumer Confidence Index, index | Leave a comment »
By Staff Reporters
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| MARKETS |
 Nasdaq$11,468.00+4.41% |
| S&P$4,080.11+3.09% |
| Dow$34,589.77+2.18% |
 10-Year3.606%-14.2 bps |
| Bitcoin$17,089.73+3.73% |
| Biogen$305.17+4.72% |
| *Stock data as of market close, cryptocurrency data as of 3:00am ET. |
U.S. equities reversed course and finished with solid gains in the wake of remarks from Fed Chairman Jerome Powell at a gathering at the Brookings Institution in Washington. The Chairman reiterated the Fed’s plan to “stay the course” with its rate-hike campaign, but noted that smaller increases were likely ahead, as soon as next month’s meeting. Powell’s comments came just before the Fed’s release of its Beige Book report on business activity across the nation that showed a slight moderation. Preceding Friday’s key nonfarm payroll report, ADP’s private sector payroll data came in below estimates, and job openings remained robust.
In other economic news, mortgage applications snapped a two-week winning streak, Q3 GDP growth was revised higher, Chicago manufacturing unexpectedly fell further into contraction territory, and pending home sales continued to fall but at a slower pace. Moreover, the advance goods trade deficit widened surprisingly, and wholesale inventories rose more than projected. Treasury yields turned lower following Powell’s comments, and the U.S. dollar tumbled, while crude oil prices rose and gold was solidly higher. Earnings season has headed toward the finish line, with CrowdStrike Holdings topping profit and revenue estimates but missing its annual recurring revenue growth forecast, though Workday topped earnings expectations, raised its guidance, and announced a $500 million share buyback plan.
Asia finished mostly higher and stocks in Europe gained ground, with the markets digesting mixed economic data, while optimism remains that China may be set to ease some COVID-related restrictions.
CITE: https://www.r2library.com/Resource/Title/082610254
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This quarter’s pharmaceutical earnings were overall better than expected. Especially Merck, thanks to its Keytruda sales. The cancer drug brought in $5.4 billion last quarter, accounting for a whopping 36% of the company’s revenue for that period. But, Keytruda’s patent is expiring in 2028, and everyone is waiting to see what Merck pulls out of its hat to replace it.
Apartment rents across the US dropped in November by the most in at least five years, a sign that a key cost tracked by the Federal Reserve could be easing up. A national index of rents fell by 1%, the third straight month-over-month decline and the steepest drop in data going back to 2017, Apartment List said in a blog post recently.
As of the week ending Nov. 19th, Americans aged 65 and older make up 92% of all deaths from the virus, according to data from the Centers for Disease Control and Prevention.MORE: Latest COVID vaccine will help people ‘move on’ from the pandemic, White House’s Jha says It’s the first time senior citizens have made up more than nine out of 10 deaths since the pandemic began and a drastic increase from the roughly 58% of deaths they made up in summer 2021, an ABC News analysis showed.
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Filed under: Alerts Sign-Up, Drugs and Pharma, Funding Basics, iMBA, Inc., Investing, LifeStyle | Tagged: catapulting markets, markets, Merck, rents, stock markets | Leave a comment »
By Heath Capital Consultants, LLC
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The launch of Amazon Clinic comes less than two months after the announcement that Amazon Care would be shut down. Amazon Clinic, the retail giant’s virtual and in-person medical care service, was rolled out in 2019 as a pilot employee benefit for their own employees and quickly expanded to servicing non-Amazon employers across the U.S. (including large companies such as Hilton, TrueBlue, and Silicon Labs) by 2021.
CITE: https://www.r2library.com/Resource/Title/082610254
The service combined virtual and in-person care, offering home health services, telehealth appointments, and prescription delivery. (Read more…)
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RELATED: https://medicalexecutivepost.com/2022/09/06/more-about-the-end-of-amazon-care/
MORE: https://medicalexecutivepost.com/2022/09/05/amazons-new-move-in-health-care/
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Filed under: "Doctors Only", Ethics, Experts Invited, Glossary Terms, Health Economics, Health Insurance, Healthcare Finance, Information Technology, Managed Care | Tagged: Amazon, Amazon Care, Amazon Healthcare, Amazon Healthcare II, Health Capital Consultants LLC | Leave a comment »
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